SMART CHOICE AKORN INC 401K RETIREMENT PLAN
Plan Contact
- Address: 1925 WEST FIELD COURT,,LAKE FOREST,IL
- Contact person: JOE BONACCORSI
- Phone: (847) 279-6100
Plan General Information
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2009, the total retirement plan assets of SMART CHOICE AKORN INC 401K RETIREMENT PLAN is $10,047,352.00.This plan was established in 1998.
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2009, the total number of retirement plan participants in SMART CHOICE AKORN INC 401K RETIREMENT PLAN is 432
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Average Participant Retirement Account Value
In 2009, the average participant retirement account value for SMART CHOICE AKORN INC 401K RETIREMENT PLAN is $23,257.00
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2009, the estimated average employee contribution amount per participant for SMART CHOICE AKORN INC 401K RETIREMENT PLAN is $5,374.00.
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Estimated Average Employer Match
In 2009, the estimated average employer match for an employee in SMART CHOICE AKORN INC 401K RETIREMENT PLAN is approximately $362.00
Investing in this additonal $362.00 for 20 years would give you extra $23,169.00, assuming a 10% annual return.
Investing in this additonal $362.00 for 20 years would give you extra $23,169.00, assuming a 10% annual return.
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2009, SMART CHOICE AKORN INC 401K RETIREMENT PLAN allocates $156,391.00 to match its employees' contributions, providing an employer match rate of 13.47% of their contributions
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2009, the total retirement plan asset growth rate of SMART CHOICE AKORN INC 401K RETIREMENT PLAN is 26.16%.
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2009, the estimated aggregate retirement account investment gain/loss for SMART CHOICE AKORN INC 401K RETIREMENT PLAN is 23.77%. This measures the effectiveness of the plan participants' investments in the year.
SMART CHOICE AKORN INC 401K RETIREMENT PLAN Expense Ratio
In 2009, the investment and administrative expense ratio of SMART CHOICE AKORN INC 401K RETIREMENT PLAN is 0.47%.
Enrollment Features
SMART CHOICE AKORN INC 401K RETIREMENT PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Recent Articles
- Roth IRAs for Retirees
- Lazy Portfolios Aren't Lazy in Growing Wealth
- Lazy Portfolios in Different Market Conditions
- Tax-Efficient Lazy Portfolios
- Lazy Portfolios for Retirement Investing
- How to Implement a Lazy Portfolio
- What Are Lazy Portfolios?
- IRAs as One of the Emergency Fund Sources
- How to Borrow From an IRA?
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...